NEW YORK – The “Big Four” accounting
firm Pricewaterhouse Coopers failed to detect and report the Clinton
Foundation’s “apparent massive diversions of funds” from a global
charity that fights HIV/AIDS, according to respected Wall Street analyst
Charles Ortel.
As WND reported Tuesday, Ortel has concluded after a thorough investigation of the Clinton Foundation’s financial records that Pricewaterhouse Coopers, or PWC, bears civil and possibly criminal liabilities, either intentionally or through negligence, for participating in financial fraud by generating audit financial statements riddled with errors and misstatements.
Ortel, managing director of Newport Value Partners LLC, contends PWC, which began auditing the Clinton Foundation in 2013, allowed the Clintons to continue diverting millions of dollars donated for charitable purposes to the personal enrichment and benefit of themselves and their close associates, a crime called inurement.
Ortel says the Clintons siphoned tens of millions of dollars annually from funds received by the Clinton Foundation’s Clinton Health Access Initiative from UNITAID, a global health initiative to fight HIV/AIDS, Malaria and Tuberculosis that is financed mostly by a levy on airline tickets. UNITAID, which negotiates low prices for drugs and diagnostics, implements its work through groups like the Clinton Health Access Initiative, also known as CHAI.
Read more at http://www.wnd.com/2015/06/big-4-firm-let-clintons-skim-millions-from-aids-charity/#ZU0qbWBvwgJvpz7B.99
As WND reported Tuesday, Ortel has concluded after a thorough investigation of the Clinton Foundation’s financial records that Pricewaterhouse Coopers, or PWC, bears civil and possibly criminal liabilities, either intentionally or through negligence, for participating in financial fraud by generating audit financial statements riddled with errors and misstatements.
Ortel, managing director of Newport Value Partners LLC, contends PWC, which began auditing the Clinton Foundation in 2013, allowed the Clintons to continue diverting millions of dollars donated for charitable purposes to the personal enrichment and benefit of themselves and their close associates, a crime called inurement.
Ortel says the Clintons siphoned tens of millions of dollars annually from funds received by the Clinton Foundation’s Clinton Health Access Initiative from UNITAID, a global health initiative to fight HIV/AIDS, Malaria and Tuberculosis that is financed mostly by a levy on airline tickets. UNITAID, which negotiates low prices for drugs and diagnostics, implements its work through groups like the Clinton Health Access Initiative, also known as CHAI.
Read more at http://www.wnd.com/2015/06/big-4-firm-let-clintons-skim-millions-from-aids-charity/#ZU0qbWBvwgJvpz7B.99
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